slump

www.avc.com

The almost two year long slump is over. I've led a new venture investment for USV, which closed a few weeks ago and was announced last night. The company is Coinbase and my blog post announcing the investment is on the USV blog. This hiatus, which I've blogged about a...

www.engadget.com

As advanced as office chairs can be, they're still based on one increasingly bad assumption: that we're sitting upright in front of a traditional computer. Steelcase's upcoming Gesture chair at last acknowledges that we're living in a world of smartphones and tablets. Its back and seat shift in tandem...

venturebeat.com

HP’s days as the world’s largest PC maker may be numbered. Lenovo’s share of the PC market has been in a non-stop climb over the past few years, and its latest quarter has pushed it closer to the number one spot. This jump had some welcome effects on Lenovo’s...

www.engadget.com

An earlier portrait of the second quarter's tablet market share made it quite clear that the iPad was on a rebound, if it was ever in a slump to start with. All those numbers focused on platforms and not brands, however -- we didn't know how the individual makers...

www.fastcompany.com

One big bright spot: Mobile advertising grew 80% to a total of $2.6 billion. Pew's annual State Of The News Media report is out. It reveals an industry in semi-crisis as it confronts a tech-savvy audience that's changing how it accesses news, and ever declining print revenues. Advertisements in...

www.electronista.com

Apple shares have plunged below $400 on the back of poll of 48 analysts which indicates that the company is set to announce record sales, but a slump in profits for the first time in 10 years, reports CNET. At the time of writing, Apple's stock was trading at $390,...

allthingsd.com

Amazon reported a wider net loss than it expected, largely because of a massive write-down it made in conjunction with its investment in LivingSocial. The losses not only make the retail giant look bad, but it also makes the Groupon competitor appear like it is in a real slump. But in a memo,...

www.electronista.com

A slump in global display demand and reductions in subsidies from the Chinese government will combine to force about half of all Chinese LED manufacturers out of business, according to an analysis out from Reuters. The industry is said to be oversupplied already, and trends in the global economy are...

www.readwriteweb.com

Facebook's stock price hit a new low last week - and it could be poised to plunge even further. The downward spiral that started last Thursday ended the next day at $19.05 a share, just shy of half of Facebook's initial public offering price in May. WHile Facebook's underlying business...

www.theverge.com

After the resignation of its CEO and later its founder in the wake a personal conduct probe, numerous store shutdowns, and a $1.7 billion quarterly loss, Best Buy is trying to pull out of its slump. On an earnings call today, interim CEO Mike Mikan gave a candid assessment...

gigaom.com

Apple is still on a roll. The company reported quarterly earnings Tuesday that surpassed Wall Street expectations thanks to stronger-than-expected iPhone sales and a huge increase in iPad sales. For the period ending March 31st, Apple recorded $39.2 billion in revenue and $11.6 billion in profit, or $12.30 per share....

www.businessinsider.com

Good morning, Adland. Here's what you need to know today: Social media ad spend is slated to double from $4.6 billion this year to $9.2 billion in 2016, a report by BIA/Kelsey predicts. Furthermore, native spots will increase from $1.53 billion this year to $3.85 billion in 2016. McDonald's has a...

techcrunch.com

It’s not just sitting at a computer all day long that’s killing modern man: hunching over to use our cell phones, leaning back to read tablets, and even the standing desk is wreaking havoc on our bodies. Crippling our posture to use tiny devices for extended periods of time drops...

allthingsd.com

Give the New York Times credit for consistency: All year long, it has been recording a declining ad business and a growing consumer business, and that’s what it reported again today. The Times says ad sales dropped 8.9 percent last quarter, while circulation revenues climbed 7.4 percent. The Times blames the...

tech.fortune.cnn.com

May -- not April -- was the cruelest month for quality tech stocks. And not just because of the botched Facebook IPO. By Kevin Kelleher, contributor FORTUNE -- April, as T.S. Eliot famously said, is the cruelest month. But for investors who put their faith in tech stocks, it's hard...

www.bgr.com

HTC on Monday reported earnings for the fourth quarter last year along with guidance for the first quarter that missed analysts’ estimates. Further highlighting the slump that began in October with the launch of Apple’s iPhone 4S, the Taiwan-based vendor posted fourth-quarter revenue of NT$101.42 billion, or approximately $3.5...

venturebeat.com

Yahoo posted a better than expected results for its Q2 2012 earnings, with revenue at $1,081 million — flat compared to the second quarter of 2011. Non-GAAP net earnings per diluted share increased 47 percent to $0.27 compared to the same quarter in 2012. Net earnings per diluted share...

Comments on 'Yahoo's Q2 earnings give Marissa Mayer a good starting point for improvement':

allthingsd.com

Apple and Time Inc. seem to have settled their differences: The giant publisher is now selling subscriptions to its iPad magazines directly from the apps themselves. If that seems like non-news, consider that it took the two companies two years to figure this out. Up until now, Time Inc. has...

Comments on 'Apple, Time Inc. Solve Their Subscription Squabble':

techcrunch.com

The anticipation is palpable. Hundreds of hackers have congregated outside Manhattan’s Pier 94, planning, strategizing, and praying to baby Jesus that their fates will be similar to those of Group.me and Docracy. We’ve seen plenty of Hackathon winners go on to do incredible things, make millions of dollars, and rise...

techcrunch.com

Samsung said that it expects to post first quarter operating profit of about 8.7 trillion won ($7.7 billion USD), up 53 percent from the 5.7 trillion won operating profit it earned a year earlier. The South Korean tech giant also said that its sales likely rose to between 51 trillion...

www.fastcompany.com

News updates all day from Fast Company.Sony has reported that despite making revenues of $19.2 billion for its last quarter it managed to make a net loss of $312 million. Incurred costs from restructuring its division containing Sony Mobile contributed to the loss, with a small loss from its gaming...

www.extremetech.com

Bob Dylan once warned that the times are changing, but his lyrics couldn’t have prepared us for a world without AMD, the spunky chip designer that’s kept Intel honest (mostly) and ensured, by way of competition, that processor prices wouldn’t fly through the roof. Now it appears the floor is...

www.fastcompany.com

Boutique visual effects firm Luma invests in hiring the best and brightest, and absolutely refuses to fire them. Even in lean times. Payam Shohadai, the cofounder of visual effects firm Luma Pictures, is hesitant to speak about the company's yacht. Luma doesn't even have it anymore, he hastens to...

www.guardian.co.uk

Finnish mobile phone maker says head of sales Colin Giles is leaving to be 'closer to his family'Nokia has announced the departure of its head of sales as the struggling mobile phone maker, beset by competition from Apple and Samsung and an under-par new product launch, slumped to a loss...